Name: New York Eyes Major Online Casino Legislation by 2026
Uploaded: 2025-12-11T09:38:15-05:00
Duration: 2 min 51 s
Description: New York may bolster its gaming sector by legalizing online casinos in 2026. For more legal analysis across the gaming industry, check out Legal Sports Report.

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New York may bolster its gaming sector by legalizing online casinos in 2026. For more legal analysis across the gaming industry, check out Legal Sports Report.

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The story isn't sports betting here on Newswire. It's gotta be surrounding, uh, casinos here and it looks like, Sam, at least according to the column that you guys have up at Legal sportsReport.com, that the state of New York could be in a better position to get this going. Maybe that's our big story for 2026. Yeah, it would certainly be very big news if New York legalized online casino, not just because you only have 6 states where i gaming is legal, and not just because i gaming is really the endgame for sports betting operators. They want people to become sports betting users, and then they want states to legalize i gaming and sell them on a much higher margin product, but New York obviously is New York. It's one of the biggest states, so whatever happens there usually has a trickle. Down effect with other states we've certainly seen it in gaming when they raised taxes. Other states raised taxes when New York legalized sports betting. More states tended to do that as well. But uh with the, the political environment in New York right now, they just took care of licensing the state's 3 downstate casinos. One is going to be near Citi Field, one is going to be near the Aqueduct Racetrack in Queens. The other a Bally's. Location in Bronx and the main component or the main proponent of gaming legislation in New York, Senator Joseph Adabo came out this week and said, now that we have that taken care of, uh, taken care of, it's a lot easier for us to focus on i gaming when in the past, last year, you even had Senate leadership come out and say we're just not ready to do this. We still have to work through the casino stuff. We have a lot of other issues. By the way, they also just banned sweepstakes casino. Casinos, which are essentially i gaming casinos that are not following the law because of a loophole and mechanism. They just banned that. So he also came out and said that, you know, that's another major step is before you can legalize something, you have to crack down on the bad actors, which we certainly saw with sports betting as well. So, he's gonna have a bill that comes forward in 2026. The next step will be to watch Governor Hochel's budget process, whether iGaming is folded into there, that. that would make it a lot more easier, easy for it to pass if it's going to be part of her plan to raise revenue. They're gonna have to still go through responsible gaming concerns, safety concerns, integrity concerns. It's all very early on in the process, but, uh, so far it looks like this is as good a year coming up as any for New York to legalize, um, online casino legislation, and it could always have a trickle down effect with sports betting legislation as well. There's been talk of. Uh, you know, banning sports books from placing limits on bettors if they don't have to do with integrity or, uh, responsible gaming concerns, and there's been some more talk of expanding New York's sports betting market as well, which I know operators would really hope happens. So, New York, either way, looks to be a big state for, uh, gaming legislation in 2026. Uh, we'll know more in about a month when the budget process starts, and we'll keep watching, uh, throughout the whole process.

New York Eyes Major Online Casino Legislation by 2026

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